Mathematics
Mathematics, 27.01.2022 15:40, clmorcutt420

Exponential Use the formula A=P( 1 + r/n)^nt

to solve the compound interest problem.
Find how long it takes for $600 to double if it is invested at 6% interest compounded monthly.
The money will double in value in approximately years.
(Do not round until the final answer. Then round to the nearest tenth as needed.)

answer
Answers: 3

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